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Vadium
VadiumContracts. A pledge, or surety RELATED TERMS-------------------------------------- Pledge Pledge or pawn. Contracts. These words seem indifferently used to convey the same idea. 2) Pledge Contracts. He who becomes security for another, and, in this sense, every one who becomes bail for another is a pledge Surety Contracts. A person who binds himself for the payment of a sum of money or for the performance of something else, for another, who is already bound for the same. A surety differs from a guarantor, and the latter cannot be sued until after a suit against the principal. SIMILAR TERMS-------------------------------------- Vadium mortuum Contracts. A mortgage or dead-pledge; it is a security given by the borrower of a sum of money, by which he grants to the lender an estate in fee, on condition that if the money be not repaid at the time appointed, the estate so put in pledge shall continue to the lender as dead or gone from the mortgagor. Vadium vivum Contracts. A species of security by which the borrower of a sum of money, made over his estate to the lender, until he had received that sum out of the issues and profits of the land; it was so called because neither the money nor the lands were lost, and were not left in lead pledge, but this was a living pledge, for the profits of the land were constantly paying off the debt. PREVIOUS AND NEXT TERMS-------------------------------------- Vacant succession An inheritance for which the heirs are unknown Vacantia, bona Civil law. Goods without an owner. Such goods escheat. Vacate To set aside. Vacation That period of time between the end of one term and beginning of another. During vacation, rules and orders are made in such cases as are urgent, by a judge at his chambers. Vaccaria Old English law. A word which is derived from vacca, a cow, and signifies a dairy-house. Vadium Vadium mortuum Contracts. A mortgage or dead-pledge; it is a security given by the borrower of a sum of money, by which he grants to the lender an estate in fee, on condition that if the money be not repaid at the time appointed, the estate so put in pledge shall continue to the lender as dead or gone from the mortgagor. Vadium vivum Contracts. A species of security by which the borrower of a sum of money, made over his estate to the lender, until he had received that sum out of the issues and profits of the land; it was so called because neither the money nor the lands were lost, and were not left in lead pledge, but this was a living pledge, for the profits of the land were constantly paying off the debt. Vagabond One who wanders about idly, who has no certain dwelling. The ordonnances of the French define a vagabond almost in the same terms. Vagrant A tramp or homeless person. Vagueness Uncertainty. We thank you for using the Juridical Dictionary to search for Vadium. If you have a better definition for Vadium than the one presented here, please let us know by making use of the suggest a term option. This definition of Vadium may be disputed by other professionals. Our attempt is to provide easy definitions on Vadium and any other medical topic for the public at large.
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